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March 7 Morning Report: GovCon Index Records Gain for 3rd Consecutive Week

GovConIndexUPThe GovCon Index closed Friday with a 0.247-point climb to 73.958 on potential indicators against additional interest rate hikes and extended rallies by Engility Holdings (NYSE: EGL) and Navistar International (NYSE: NAV).

The Index posted a weekly gain of 2.082 percent to record positive movement for the third consecutive five-day period.

Top GovCon Index Gainers

Symbol Company $ Current Price Net Change % Change
EGL Engility Holdings 17.24 1.31 8.22%
I Intelsat 1.99 0.10 5.29%
MANT ManTech International 30.23 1.01 3.46%
NAV Navistar International 11.13 0.29 2.68%
BAH Booz Allen Hamilton 29.10 0.52 1.82%

Market Summary

Advancing GovCon Index Issues 23
Declining GovCon Index Issues 7
Unchanged GovCon Index Issues 0
Index Value Net Change % Change
GovCon Index 73.958 +0.247 +0.335%
S&P 500 1, 999.99 +6.59 +0.33%
Dow Jones Industrial Average 17, 006.77 +62.87 +0.37%
NASDAQ 4, 717.02 +9.60 +0.20%

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